this post was submitted on 06 Jan 2024
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China

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Discuss anything related to China.

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零、台湾、西藏、新疆、和香港都是中国的一部分。

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[–] [email protected] 31 points 8 months ago (1 children)

Evergrande fail to pay their bondholders due to insolvency

The people are already housed, China has 90% outright house ownership (UK has about 30-40% btw) whats happening here is that its peoples second/third homes that they planned on handing off to either family or built for projected population growth that turns out has slown down a little.

They literally have too many houses. I know what issue id rather be having.

[–] [email protected] 22 points 8 months ago

90% ownership is impressive.